NORWEGIAN ADVENTURE COMPANY AS

0260 OSLO

Finances

Share Ownership

Return on Equity

172,49 %

Current Ratio

0,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	36 113 000	14 609 000	4 046 000	15 662 000
Net Income	395 000	−2 996 000	−44 000	1 148 000
Total Assets	8 906 000	5 122 000	3 160 000	3 416 000
Total Equity	229 000	−2 016 000	980 000	1 620 000

Income (NOK)	2022	2021	2020	2019
Revenue	36 113 000	14 609 000	4 046 000	15 662 000
Expenditure	35 624 000	15 505 000	4 086 000	14 174 000
Operating Profit	489 000	−896 000	−40 000	1 488 000
Financial Income	40 000	15 000	13 000	18 000
Financial Costs	10 000	2 310 000	26 000	24 000
Financial Balance	30 000	−2 295 000	−13 000	−6 000
Earnings Before Tax	519 000	−3 191 000	−53 000	1 482 000
Tax	124 000	−195 000	−9 000	334 000
Net Income	395 000	−2 996 000	−44 000	1 148 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	730 000	892 000	1 170 000	1 154 000
Total Current Assets	8 176 000	4 231 000	1 990 000	2 262 000
Total Assets	8 906 000	5 122 000	3 160 000	3 416 000
Total Retained Equity	−458 000	−2 116 000	880 000	1 520 000
Total Equity	229 000	−2 016 000	980 000	1 620 000
Total Long-Term Debt	0	0	745 000	271 000
Total Current Debt	8 677 000	7 139 000	1 435 000	1 525 000
Total Equity and Debt	8 906 000	5 122 000	3 160 000	3 416 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 910 000	12 322 000	3 687 000	15 662 000
Other Income	1 203 000	2 287 000	358 000	0
Revenue	36 113 000	14 609 000	4 046 000	15 662 000
Cost of Goods Sold	25 305 000	9 620 000	2 263 000	10 804 000
Salary Costs	6 536 000	3 072 000	493 000	1 977 000
Depreciation	44 000	32 000	65 000	60 000
Impairment	0	0	0	0
Expenditure	35 624 000	15 505 000	4 086 000	14 174 000
Operating Profit	489 000	−896 000	−40 000	1 488 000
Financial Income	40 000	15 000	13 000	18 000
Financial Costs	10 000	2 310 000	26 000	24 000
Financial Balance	30 000	−2 295 000	−13 000	−6 000
Dividends	0	0	0	0
Net Income	395 000	−2 996 000	−44 000	1 148 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	109 000	216 000	36 000	21 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	188 000	232 000
Fixtures	180 000	43 000	54 000	64 000
Total Tangible Assets	219 000	43 000	242 000	296 000
Total Fiancial Fixed Assets	402 000	633 000	892 000	837 000
Total Fixed Assets	730 000	892 000	1 170 000	1 154 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 065 000	2 316 000	983 000	919 000
Total Current Assets	8 176 000	4 231 000	1 990 000	2 262 000
Total Assets	8 906 000	5 122 000	3 160 000	3 416 000
Total Equity	229 000	−2 016 000	980 000	1 620 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	745 000	271 000
Creditors	467 000	548 000	129 000	113 000
Unpaid Taxes	478 000	289 000	18 000	203 000
Dividends	0	0	0	0
Other Current Debt	7 703 000	6 302 000	692 000	1 209 000
Total Current Debt	8 677 000	7 139 000	1 435 000	1 525 000
Total Equity and Debt	8 906 000	5 122 000	3 160 000	3 416 000

Financial indicators	2022	2021	2020	2019
Return on Equity	172,49 %	148,61 %	−4,49 %	70,86 %
Debt-to-Equity Ratio	0	−0	0,76	0,17
Operating Profit Margin	1,35 %	−6,13 %	−0,99 %	9,5 %
Current Ratio	0,94	0,59	1,39	1,48
Quick Ratio	0,94	0,59	1,39	1,48
Equity Ratio	0,03	−0,39	0,31	0,47
Gross Profit Margin	29,93 %	34,15 %	44,07 %	31,02 %